AVP - Portfolio Manager, Sponsor Finance

Mitsubishi HC Capital America Inc•Norwalk, CT

17h•$122,500 - $151,000•Onsite

About The Position

This individual will be responsible for the day-to-day management of the Sponsor Finance portfolio of Mitsubishi HC Capital America, Inc. (MHCA). Daily activities will be centered on the monitoring and management of the portfolio including the preparation of credit underwriting memos in support of amendments, modifications, and extensions of existing credit facilities. Key areas of focus will be the management of credit risk, the monitoring of compliance, preparation of internal reporting, and the maintenance and monitoring of client and agent bank relationships. This position will collaborate closely with the underwriting and sales teams to superior customer service and client retention. The incumbent must understand, abide, and uphold the system of internal controls related to the essential duties and responsibilities of the position.

Requirements

Experience with sponsor finance transactions (acquisition finance, LBOs).
Knowledge of structuring, underwriting, and documentation practices related to senior secured cash flow loans.
Understanding of corporate finance principles, including financial statement analysis, projection analysis and financial cash flow modeling (three statement models).
Familiarity with reporting and financial covenants for senior secured cash flow loans.
Understanding of industry dynamics and how economic conditions impact credit quality and structure.
Strong computer software skills (Excel, Word, PowerPoint, Salesforce)
Excellent interpersonal, organizational, verbal, and written communication skills.
Team player with positive attitude who understands role and how it relates to overall company success factors and keeps commitment to others.
Adept at working with clients and presenting to senior level executives.
Time Management: ability to organize and manage multiple priorities and complete on a timely and accurate basis.
Have a clear understanding of MHCA’s credit policies and operational procedures.
BS in Accounting, Finance or Economics or equivalent experience
Formal credit training, including financial modeling training
Minimum 8-10 years of experience commercial or wholesale banking, preferably in a portfolio management role
1-2 years of experience with Sponsor Credit/senior cash flow loans

Nice To Haves

CFA candidate Level II/III or charter holder preferred

Responsibilities

Compile weekly and monthly portfolio reports for the Sponsor Finance portfolio.
Prepare trend cards as needed and aid in the preparation and presentation of the quarterly portfolio reviews for Sponsor Finance on a quarterly basis or more frequently as needed. This includes financial covenant trend analysis, past financial performance analysis and performance to plan (vs. base case/downside case from underwriting) analysis.
Update of financial projections and enterprise value analysis as needed.
Proactively identify adverse client trends and take necessary steps toward positive resolution and minimize credit loss exposure.
Determine appropriate risk rating for each borrower while ensuring timely rating changes as needed.
Perform the necessary due diligence in the preparation of credit underwritings in support of amendments, modifications, and extensions for existing transactions.
Make recommendation to the VP Senior Credit Officer, SVP - Chief Credit Officer – Specialty Finance, EVP – Chief Credit Officer, and other senior management regarding transactions for approval under local delegation, or for their recommendation for approval by International Credit Division of MHC/Tokyo. Presentation to local Credit Committee as required.
Attend bank meetings in person or via teleconference as needed.
Coordinate with agent banks to confirm covenant and financial reporting is in accordance with loan document requirements.
Understanding of multiple industry dynamics and how economic conditions impact credit quality and transaction structure.
Work with underwriters to ensure smooth transition of onboarding new business.
Assist with the underwriting of new business as needed.
Manage Salesforce records and information files.
Manage Credit Analyst for Sponsor Finance.
Credit assessment, structure, and transaction communication within company prepared guidelines.
Credit signature authority in accordance with established credit policy guidelines.
Control portfolio risk and mitigate loan loss to acceptable levels.